{"product_id":"perils-of-the-seas-and-inherent-vice-in-marine-insurance-law-paperback-softback","title":"Perils of the Seas and Inherent Vice in Marine Insurance Law - Paperback \/ softback","description":"\u003cp\u003eThe Supreme Court ruling in \u003ci\u003eGlobal Process System Inc. v Syarikat Takaful Malaysia Berhad (The Cendor MOPU) \u003c\/i\u003ecreated a shock wave in the London marine insurance market, as the Supreme Court decision changed the boundaries of doctrine with respect to the meaning of ‘perils of the sea’ and ‘inherent vice’. Both phrases play an important role in the insurance market, affecting both assureds and insurers and their respective interests under all classes of marine insurance policies.\u003c\/p\u003e\u003cp\u003eThis book reviews the origin of the clauses ‘perils of the sea’ and ‘inherent vice’ by tracing back through the early cases in order to understand the origin and noting how and why the changes occurred. It will examine how the law has been developed in the recent cases and discuss whether the Supreme Court case \u003ci\u003eThe Cendor MOPU \u003c\/i\u003ehas overruled the previous cases in terms of the clauses ‘inherent vice’ and ‘perils of the sea’.\u003c\/p\u003e\u003cp\u003eConsidering the impact of \u003ci\u003eThe Cendor MOPU \u003c\/i\u003edecision with respect to the Marine Insurance Act 1906, as well as the standard Institute Cargo Clauses, it evaluates whether the decision is consistent with these things and discusses the effect of the decision on recent cases and on the insurance market.\u003c\/p\u003e","brand":"Taylor \u0026 Francis","offers":[{"title":"Default Title","offer_id":45600462569710,"sku":"9780367609689","price":63.99,"currency_code":"AUD","in_stock":true}],"url":"https:\/\/bookland.com.au\/products\/perils-of-the-seas-and-inherent-vice-in-marine-insurance-law-paperback-softback","provider":"Book Land AU","version":"1.0","type":"link"}